* If we convert 15 rs. employee discount in to 5% employee discount , it makes issue price of rs. 300.
i.e OFS of 216 cr. + 650 cr. Fresh Issue = 866 cr. Total Issue size
* Dixen and Amber are the peer group companies which was also shown by syrma.
Two LMs IIFL and DAM are common in both these issues syrma and kaynes.
* HEM is also one of the LM to handle main board issue.
* D/E ratio <1
* Initially at first sight the issue looks good to apply with full force.
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